Revolut ponders secondary stock sale at $115 billion valuation - Bloomberg
UK fintech would like to IPO at $200 billion valuation
Revolut is preparing to conduct another round of secondary share sales, Bloomberg sources report / Photo: Revolut
British fintech Revolut is considering a secondary share sale in which the entire business could be valued at $115 billion, sources told Bloomberg. The deal will allow employees and early investors to sell some of their securities and get liquidity.
The formal process could start as early as June, although the final parameters have not yet been approved, Bloomberg's sources say. Revolut chairman Martin Gilbert will meet with potential investors this weekend, although he has not set a specific agenda, the agency's sources said.
A spokesman for Revolut declined to comment.
The new $115 billion valuation would be a significant step up from last November, when Revolut was valued at $75 billion in a similar deal involving investment fund Coatue and Nvidia's venture capital arm.
The increase in investor interest is due to Revolut's success in obtaining banking licenses. The fintech reported in March 2026 that it had received a full banking license in the UK and is awaiting a decision on an application processed in March in the US. Storonsky said in April 2026 that there are no plans for an IPO of the company until at least 2028, and the bank may conduct a few more secondary offerings before then. Revolut aims to reach a valuation of up to $200 billion before going public, the Financial Times wrote.
If Revolut is valued at $115 bln, CEO Nikolay Storonsky will receive additional shares in the company, which will increase the value of his stake to at least $36 bln, Bloomberg notes, citing internal company documents. In case of Revolut IPO with a $200 bln valuation, Storonsky's fortune will amount to about $76 bln: the return on his initial investment in this case will exceed 15,000,000%, the agency reported.
This article was AI-translated and verified by a human editor
